NYSE:WPM Wheaton Precious Metals (WPM) Stock Forecast, Price & News $42.65 -0.68 (-1.57%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$42.25▼$43.2050-Day Range$41.02▼$45.6152-Week Range$28.62▼$52.76Volume1.21 million shsAverage Volume2.01 million shsMarket Capitalization$19.31 billionP/E Ratio31.36Dividend Yield1.41%Price Target$50.61 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wheaton Precious Metals MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside18.7% Upside$50.61 Price TargetShort InterestBearish3.56% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.41Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth16.52%From $1.15 to $1.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.21 out of 5 starsBasic Materials Sector97th out of 164 stocksGold & Silver Ores Industry17th out of 36 stocks 2.3 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.61, Wheaton Precious Metals has a forecasted upside of 18.7% from its current price of $42.65.Amount of Analyst CoverageWheaton Precious Metals has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.56% of the float of Wheaton Precious Metals has been sold short.Short Interest Ratio / Days to CoverWheaton Precious Metals has a short interest ratio ("days to cover") of 9.7.Change versus previous monthShort interest in Wheaton Precious Metals has recently increased by 10.12%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWheaton Precious Metals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Wheaton Precious Metals is 44.12%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 44.78% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWheaton Precious Metals has received a -134.06% net impact score from Upright. The largest negative impact of Wheaton Precious Metals in category "GHG emissions" seems to be driven mostly by its "Mutual funds investing in gold", "Mutual funds investing in silver", and "Mutual funds investing in cobalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Wheaton Precious Metals is -3.48. Previous Next 3.6 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Wheaton Precious Metals this week, compared to 5 articles on an average week.Search InterestOnly 10 people have searched for WPM on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows14 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.Percentage Held by Institutions58.51% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 16.52% in the coming year, from $1.15 to $1.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 31.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 31.36, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 96.04.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 7.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWheaton Precious Metals has a P/B Ratio of 2.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wheaton Precious Metals (NYSE:WPM) StockWheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 10, 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.Read More WPM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WPM Stock News HeadlinesSeptember 21, 2023 | marketbeat.comAnalysts Recommend These Mining Stocks Before Metal Prices Rally (WPM)As the mining industry begins to find a bottom, analysts agree that the ensuing pivoting rally will bring these three mining stocks into bullish territorySeptember 20, 2023 | seekingalpha.comGold Forum Americas ConferenceSeptember 26, 2023 | Chaikin Analytics (Ad)Holding NVDA? Read This NowNVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. Learn more here.September 20, 2023 | seekingalpha.comWheaton Precious Metals Corp. (WPM) Gold Forum Americas Conference (Transcript)September 20, 2023 | finance.yahoo.comWith 72% ownership, Wheaton Precious Metals Corp. (TSE:WPM) boasts of strong institutional backingSeptember 14, 2023 | forbes.comMetal Stock ‘Sell’ Signal Has Never Been WrongSeptember 7, 2023 | benzinga.comAchieving Growth and Investor Rewards: Wheaton Precious Metals Flourishes with Strong Performance and Rising ProfitsAugust 29, 2023 | benzinga.com$1000 Invested In Wheaton Precious Metals 5 Years Ago Would Be Worth This Much TodaySeptember 26, 2023 | Chaikin Analytics (Ad)Holding NVDA? Read This NowNVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. Learn more here.August 24, 2023 | finance.yahoo.comWheaton Precious Metals Stock Showing Improved Relative StrengthAugust 21, 2023 | benzinga.comWednesday Is Your Last Chance To Buy Wheaton Precious Metals Before The Dividend PayoutAugust 20, 2023 | finance.yahoo.comShould You Buy Wheaton Precious Metals Corp. (TSE:WPM) For Its Upcoming Dividend?August 15, 2023 | marketwatch.comWheaton Precious Metals Corp. stock falls Tuesday, underperforms marketAugust 13, 2023 | msn.comWheaton Precious Metals: Penasquito Strike Likely To Weigh On H2 EarningsAugust 13, 2023 | finance.yahoo.comWheaton Precious Metals Corp. (NYSE:WPM) Q2 2023 Earnings Call TranscriptAugust 12, 2023 | msn.comWheaton Precious Metals: A Top Performer Led By A Quality Management TeamAugust 11, 2023 | au.finance.yahoo.comWheaton Precious Metals Corp. (WPM)August 11, 2023 | finance.yahoo.comWheaton (WPM) Beats on Q2 Earnings, Dips Y/Y on Lower Volumes SoldAugust 11, 2023 | seekingalpha.comWheaton Precious Metals Corp. 2023 Q2 - Results - Earnings Call PresentationAugust 11, 2023 | markets.businessinsider.comBank of America Securities Remains a Buy on Wheaton Precious Metals (WPM)August 11, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM) and Celanese (CE)August 9, 2023 | finance.yahoo.comHydrofarm Holdings Group, Inc. (HYFM) Reports Q2 Loss, Lags Revenue EstimatesAugust 9, 2023 | forbes.comWhat To Expect From Wheaton Precious Metals Q2 2023 Results?August 8, 2023 | finance.yahoo.comWill Low Production Hurt Wheaton Precious' (WPM) Q2 Earnings?August 6, 2023 | finance.yahoo.comInvestors in Wheaton Precious Metals (TSE:WPM) have seen impressive returns of 131% over the past five yearsAugust 1, 2023 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Wheaton Precious Metals (WPM)July 27, 2023 | finance.yahoo.comTeck Resources Ltd (TECK) Misses Q2 Earnings and Revenue EstimatesSee More Headlines Receive WPM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wheaton Precious Metals and its competitors with MarketBeat's FREE daily newsletter. Email Address WPM Company Calendar Last Earnings8/11/2023Ex-Dividend for 9/7 Dividend8/24/2023Dividend Payable9/07/2023Today9/25/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:WPM CUSIPN/A CIK1323404 Webwww.wheatonpm.com Phone(604) 684-9648Fax604-684-3123Employees42Year FoundedN/APrice Target and Rating Average Stock Price Forecast$50.61 High Stock Price Forecast$62.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+18.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio31.36 Forward P/E Ratio37.09 P/E Growth7.54Net Income$669.13 million Net Margins65.87% Pretax Margin65.78% Return on Equity6.61% Return on Assets6.55% Debt Debt-to-Equity RatioN/A Current Ratio44.99 Quick Ratio44.73 Sales & Book Value Annual Sales$1.07 billion Price / Sales18.13 Cash Flow$1.61 per share Price / Cash Flow26.54 Book Value$14.85 per share Price / Book2.87Miscellaneous Outstanding Shares452,830,000Free FloatN/AMarket Cap$19.31 billion OptionableOptionable Beta0.60 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Randy V. J. Smallwood P.Eng (Age 58)P.Eng., Pres, CEO & Director Comp: $2.08MMr. Gary D. Brown CA (Age 56)CFA, Sr. VP & CFO Comp: $943.05kMr. Patrick Eugene DrouinSr. VP of Sustainability & Investor RelationsMr. Curt Domenico Bernardi (Age 55)Sr. VP of Legal & Corp. Sec. Comp: $964.03kMr. Haytham Henry HodalySr. VP of Corp. Devel.Mr. Neil Burns M.Sc.P.Geo., VP of Technical ServicesMr. Nikola TatarkinPres of Wheaton Precious Metals International LtdMr. Jamie BeirnesVP & ControllerMr. G. Wesley Carson P.EngVP of Mining OperationsMore ExecutivesKey CompetitorsAgnico Eagle MinesNYSE:AEMFranco-NevadaNYSE:FNVBarrick GoldNYSE:GOLDGold FieldsNYSE:GFINewmontNYSE:NEMView All CompetitorsInsiders & InstitutionsBarclays PLCBought 34,130 shares on 9/21/2023Ownership: 0.025%Farther Finance Advisors LLCSold 417 shares on 9/12/2023Ownership: 0.000%Alberta Investment Management CorpBought 133,328 shares on 8/24/2023Ownership: 0.204%Wolverine Trading LLCBought 33,700 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 2,347 shares on 8/21/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions WPM Stock - Frequently Asked Questions Should I buy or sell Wheaton Precious Metals stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WPM shares. View WPM analyst ratings or view top-rated stocks. What is Wheaton Precious Metals' stock price forecast for 2023? 9 analysts have issued twelve-month price targets for Wheaton Precious Metals' stock. Their WPM share price forecasts range from $37.00 to $62.00. On average, they anticipate the company's share price to reach $50.61 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View analysts price targets for WPM or view top-rated stocks among Wall Street analysts. How have WPM shares performed in 2023? Wheaton Precious Metals' stock was trading at $39.08 on January 1st, 2023. Since then, WPM shares have increased by 9.1% and is now trading at $42.65. View the best growth stocks for 2023 here. When is Wheaton Precious Metals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our WPM earnings forecast. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) announced its quarterly earnings results on Friday, August, 11th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The firm had revenue of $264.97 million for the quarter, compared to analysts' expectations of $250.73 million. Wheaton Precious Metals had a net margin of 65.87% and a trailing twelve-month return on equity of 6.61%. Wheaton Precious Metals's revenue was down 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 earnings per share. How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals? Wheaton Precious Metals declared a quarterly dividend on Thursday, August 10th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.15 per share on Thursday, September 7th. This represents a $0.60 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Thursday, August 24th. Read our dividend analysis for WPM. What ETF holds Wheaton Precious Metals' stock ? iShares North American Natural Resources ETF holds 112,445 shares of WPM stock, representing 0.84% of its portfolio. Is Wheaton Precious Metals a good dividend stock? Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.38%. The dividend payout ratio is 44.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 44.78% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WPM. What other stocks do shareholders of Wheaton Precious Metals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Wheaton Precious Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD). What is Wheaton Precious Metals' stock symbol? Wheaton Precious Metals trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPM." Who are Wheaton Precious Metals' major shareholders? Wheaton Precious Metals' stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital World Investors (7.06%), Van ECK Associates Corp (4.22%), Vaughan Nelson Investment Management L.P. (1.11%), Mirae Asset Global Investments Co. Ltd. (1.05%), BlackRock Inc. (0.87%) and Bank of Nova Scotia (0.86%). Insiders that own company stock include Chantal Gosselin, Curzio Domenico Bernardi, Douglas Martin Holtby, Eduardo Luna, Gary Duncan Brown, George Leslie Brack, Haytham Henry Hodaly, John Brough, Patrick Eugene Drouin, Randy Smallwood and Randy V J Smallwood. View institutional ownership trends. How do I buy shares of Wheaton Precious Metals? Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Wheaton Precious Metals' stock price today? One share of WPM stock can currently be purchased for approximately $42.65. How much money does Wheaton Precious Metals make? Wheaton Precious Metals (NYSE:WPM) has a market capitalization of $19.31 billion and generates $1.07 billion in revenue each year. The company earns $669.13 million in net income (profit) each year or $1.36 on an earnings per share basis. How can I contact Wheaton Precious Metals? Wheaton Precious Metals' mailing address is 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3. The official website for the company is www.wheatonpm.com. The company can be reached via phone at (604) 684-9648, via email at info@silverwheaton.com, or via fax at 604-684-3123. This page (NYSE:WPM) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Wheaton Precious Metals Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.